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Home / News & Events / Xin's Lunewave Earns Venture Capital Funding

Xin's Lunewave Earns Venture Capital Funding

Saturday, January 30, 2021
A researcher holds a sensor
Min Liang, Lunewave's vice president of technology, holds a 3D-printed lens. (Photo: Paul Tumarkin / Tech Launch Arizona)

Lunewave, a technology company co-founded by ECE professor Hao Xin, recently raised $7 million in venture capital funding as it prepares to roll out its specialized, 3D-printed antenna and radar for autonomous vehicles. Lunewave develops antenna and sensor technology for automotive wireless communications, robotics and drones. Their proprietary Luneburg lens radar technology provides high-resolution imaging detection for autonomous vehicles, allowing them to view objects at long range.

As reported by the Arizona Daily Star, the investment round was led by Colorado-based FM Capital, with new investors including Proeza Ventures, Blue 9 Capital, Tsingyuan Ventures and Intact Ventures.

Lunewave's central technology is a 3D-printed “Luneburg lens," which are spherical lenses that offer "broad bandwidth, high efficiency and the capability of forming multiple high-quality beams in all directions." The company estimates two of their radar sensors could replace 20 radar sensors used today, while providing greater resolution and performance across a wide field of view.

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